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A Generational Analysis of Today’s Home Improvement Customers

Retail TouchPoints

During the pandemic, the relationship between homeowners and their homes fundamentally changed, as lockdowns, social distancing guidance and quarantine protocols left many consumers with an abundance of time to stare at their own four walls. 283% more likely to say a home improvement purchase is in their near future.

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Address Labor Shortages by Creating Attractive Retail Career Paths

Retail TouchPoints

In combination with changes in worker attitudes and consumer behavior, these shifts have weakened the industry’s long-standing low-wage model. Many of these changes are recent: “Ship-from-store wasn’t economically viable [as recently as] two years ago,” said Ritter.

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How Ikea Australia plans to champion affordability and the shopping experience

Inside Retail

Ikea have established themselves as an affordable and accessible homewares brand for Australian consumers but they are showing no signs of slowing down. We responded by ensuring affordability was at the forefront for the customer. IR : What are your expectations for consumer sentiment and spending in the year ahead?

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Wayfair’s Strategy – 7 Compelling Facts You Need to Know

Indigo 9 Digital

If you are curious about how Wayfair came to dominate the online home goods market here are seven facts about Wayfair’s strategy you should consider including the challenges it faces as an eCommerce business. Wayfair launched after it consolidated 250 individual websites selling home furnishings into a single brand called Wayfair.

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How Cloth & Company Saved Time and Money With its 3D Virtual Showroom Collaboration

Retail TouchPoints

Home furnishing brand Cloth & Company is working with 3D asset creation and management provider All3D to help even small retailers and designers overcome this challenge through the creation of virtual showrooms using 3D rendering software. I can see what it looks like from a human eye or from the camera as well.

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Expert Tips for Handling Inventory Surplus

Storis

One of the challenges home furnishings retailers are facing today is having excess inventory due to prolonged supply chain delays. Speak to a Home Furnishings Retail Expert. Having a home furnishings eCommerce website enables you to reach a broader audience, increasing the market for your excess inventory.

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5 Critical Features to Proactively Tackle Current Industry Issues

Storis

While home furnishings retailers face unprecedented challenges, our industry has a history of resilience. Currently, the effects of production halts, labor shortages, raw material delays, and logistical challenges are compounded in the home furnishings industry. Another option is to have Product Alternatives at the ready.